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Ethos Ltd
Registered Office:
Plot No 3,Sector III, Parwanoo - 173220, Himachal Pradesh, India.
Initial public offering of up to [*] equity shares of face value of Rs. 10 each ("Equity Shares") of Ethos Limited (the "Company" or the "Issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) ("Offer Price") aggregating up to Rs. [*] crores (the "Offer") comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 375.00 crores* (the "Fresh Issue") and an offer for sale of up to 11,08,037 equity shares aggregating up to Rs. [*] crores by the selling shareholders referred to in annexure a. (the "Offer for Sale"). the offer would constitute [*]%, of the post-offer paid-up equity share capital. *The company, in consultation with the brlms, has undertaken a pre-ipo placement of 3,02,663 equity shares aggregating to Rs. 25.00 crores ("pre-ipo placement"). The size of the fresh issue as disclosed in the draft red herring prospectus, aggregating up to Rs. 400.00 crores, has been reduced by Rs. 25.00 crores pursuant to the pre-ipo placement, and accordingly, the fresh issue is of up to Rs. 375.00 crores. The company has informed all the pre-ipo investors/buyers that the offer may or may not be successful and the equity shares of the company may or may not get listed. Price Band Rs. 836 to Rs. 878 per equity share of face value of Rs. 10 each. The floor price is 83.60 times the face value of the equity shares and the cap price is 87.80 times the face value of the equity shares. Bids can be made for minimum of 17 and in multiples of 17 equity shares thereafter.
Opens On Closes On
18-May-22 20-May-22
Money Payable On
Application Allotment
836.00 0.00
Minimum Application for shares in Nos : 17  Further Multiples of : 17
()(Cr.) Lead Managers to the Issue
Project Cost () 0.00 Emkay Global Financial Services Ltd
Project Financed through Current Offer () 467.63  
Post Issue Equity Share Capital () 0.00  
Issue Price () 836.00  
Repayment of pre-payment, in full or in part, of all or certain borrowings availed by the company
Funding working capital requirements of the company
Financing the establishment of new stores and renovation of the certain existing stores
Financing the upgradation of ERP
General corporate purposes
Promoted By
Yashovardhan Saboo
Mahen Distribution Ltd
Listing At
Registrar to the Issue